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The Lion Electric Co (LEV) Q3 2024 Earnings Call Highlights: Navigating Financial Challenges ... [Yahoo! Finance]

The Lion Electric Company Common Shares (LEV) 
Company Research Source: Yahoo! Finance
SG&A Expenses: $13.1 million, down $3.7 million from the prior year. CapEx: $400,000, down approximately $16 million from last year. R&D Expenses: $6 million, down approximately $9 million from last year. Available Liquidity: Approximately $27 million as of September 30, 2024. Inventory Reduction: $15 million reduction in Q3, $35 million year-to-date as of September 30, 2024. Vehicle Deliveries: 89 vehicles (71 buses and 18 trucks) in Q3 2024. Order Book: 1,590 vehicles valued at approximately $420 million as of November 6, 2024. Lion Energy Order Book: Approximately $8 million. Warning! GuruFocus has detected 5 Warning Signs with LEV. Release Date: November 06, 2024 For the complete transcript of the earnings call, please refer to the full earnings call transcript The Lion Electric Co ( NYSE:LEV ) has implemented cost reduction initiatives expected to result in annualized savings of approximately $65 million. The company has launched a formal process to suble Show less Read more
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